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SK and Hyundai plan electric vehicle battery factory in Georgia, 3,500 jobs

“Hyundai Motor Group and SK On are valued partners and key players in our state’s growing automotive industry,” Kemp said in the statement. A Hyundai representative did not immediately return a message seeking comment. A spokesperson for SK On said the two companies are still reviewing options and discussing details of their cooperation and more …

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Three signs from today's jobs report that suggest inflation will remain elevated

Three signs from today’s jobs report that suggest inflation will remain elevated

Friday’s jobs report showed that the booming US economy is creating hundreds of thousands of jobs, suggesting rising prices are here to stay despite the Federal Reserve’s efforts to contain them. The United States added 263,000 jobs in November, according to the federal jobs report released Friday, well above the 200,000 job gains expected by …

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US economy adds more jobs than expected in November

US economy adds more jobs than expected in November

The US economy added more jobs than expected in November, a sign that demand for new workers remains strong despite the Federal Reserve’s efforts to cool the economy. Nonfarm payrolls rose 263,000 last month, versus 200,000 expected, according to data released by the Bureau of Labor Statistics. The figures marked a decline from the upwardly …

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Live stock market news updates: Stocks slide after stronger-than-expected jobs report

Live stock market news updates: Stocks slide after stronger-than-expected jobs report

U.S. stocks fell Friday morning after stronger-than-expected jobs data prompted investors to recalibrate their expectations around when the Federal Reserve will pause its rate hike campaign. The Labor Department’s monthly jobs report for November showed payrolls rose 263,000, more than expected, while unemployment held steady at 3.7%. Bloomberg expected an impression of 200,000 for the …

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Jim Cramer's 10 most important things to watch in the Friday market: Hot jobs, chip issues, FedEx looks OK

Jim Cramer’s 10 most important things to watch in the Friday market: Hot jobs, chip issues, FedEx looks OK

My Top 10 Things to Watch Friday, December 2, 2022 1. US stock futures point to a weaker open as bond yields rise on stronger-than-expected job growth and wage inflation in November. Non-farm payrolls increased by 263,000. The country’s unemployment rate remains, as expected, at 3.7%. Average hourly earnings up 0.6% month-over-month and 5.1% year-over-year, …

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Kansas Wage Survey: 70% of state government jobs pay workers below market rates - Kansas Reflector

Kansas Wage Survey: 70% of state government jobs pay workers below market rates – Kansas Reflector

TOPEKA — Seven of 10 classes of Kansas government employees were paid below mid-market rates based on a new survey examining salaries of comparable employers in the state and government employers across the country. state in Nebraska, Oklahoma, Missouri and elsewhere. The Kansas Department of Administration report identified wage shortfalls of 32% for paralegals, 22% …

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Indiana's labor market remains 'surprisingly healthy' despite warning signs of new jobs data

Indiana’s labor market remains ‘surprisingly healthy’ despite warning signs of new jobs data

Indiana’s unemployment rate edged up to 3% in October, according to new estimates from the Bureau of Labor Statistics. Each version of the BLS provides a preliminary issue which is revised the following month. This is the first month to hit the 3% threshold since September 2021. However, the rate is still low compared to …

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Today's mortgage and refinance rates: November 21, 2022 |  Rates remain low despite strong jobs data

Today’s mortgage and refinance rates: November 21, 2022 | Rates remain low despite strong jobs data

Insider’s experts choose the best products and services to help you make informed decisions with your money (here’s how). In some cases, we receive a commission from our partners, however, our opinions are our own. Terms apply to offers listed on this page. Mortgage rates remain significantly lower today than they were two weeks ago, …

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